State reaches deal to sell Grand Teton land to feds

Tuesday, June 21, 2016

In a joint announcement today, U.S. Secretary of the Interior Sally Jewell and Wyoming Gov. Matt Mead said that an agreement has been reached to allow for the purchase and permanent protection of close to a square mile of state school lands located inside the boundaries of Grand Teton National Park.

The price tag for the purchase of the 640-acre Antelope Flats is listed as $46 million. That’s the same amount that the federal government will pay for state’s Kelly parcel, which is also 640 acres in size. The $92 million raised by the sale will to to the state’s Common School Permanent Land Fund. These parcels currently generate just $1,800 per year for the state. A final agreement requires a vote of the State Board of Land Commissioners which is comprised of the Governor, Secretary of State, Auditor, Treasurer and Superintendent of Public Instruction.

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